Ashley reneges on terms he promised Moat.
According to an article posted on The Telegraph's site late last night, Mike Ashley has turned down Barry Moat's latest £80m bid for Newcastle United even though he'd previously said he'd accept the bid on the terms specified. What the article says is that whilst Ashley had previously rejected Moat's offer to take £40m down and [.
Newcastle United Blog @ Oct 27, 2009 2:40 AM EST | Blog Profile
Related
- Moat bids £80m, which is really £60m cash. Fans try to bash Ash.
- Ashley will take Moat’s £80m, but only if it is paid upfront.
- Nobody has any money to buy the Toon
- Shearer still wants Toon job but is not holding is breath.
- Not a single serious bidder for Newcastle United in 5 months.
- Toon job slipping away from Shearer for now.
- Sheard-fronted US bid “all done”.
- Jonas takes pro-Ashley stance.